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Asset-backed commercial paper is fueling stock gains, Robin Wigglesworth notes

Asset-backed commercial paper is fueling stock gains, Robin Wigglesworth notes
Asset-backed paper drives stock rally

Robin Wigglesworth highlights the resurgence of asset-backed commercial paper, noting its role in supporting the current stock market rally.

The tweet indicates that this financial instrument is once again playing a part in driving equity markets higher.

Wigglesworth has previously analyzed shifts in market structures, noting in one article that hedge funds now hold 8.5% of the U.S. Treasury market. He has also examined historical market disruptions in his coverage of the 1873 Founders Crash and its role in the Long Depression. These reports reflect his ongoing focus on the impact of financial instruments and major investors on market stability.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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